Economic Development

City Planning

VISIT DENVER is the premier source of information about Denver's hot spots, visitor attractions, cultural events, hotels, and more. For a comprehensive listing of things to do in Denver, visit www.visitdenver.com

Popular Online Services

2014 Denver Mini-Bonds

Turn on JavaScript

SOLD OUT

We have sold out of all Denver Mini-Bonds.

Thank you, Colorado, for your overwhelming response to the 2014 Denver Mini-Bonds. Coloradans purchased all of the Denver Mini-Bonds available—a total of $12 million—before the end of our planned order period. We are thrilled to be able to use the proceeds from these bonds to complete the final phases of the Better Denver projects approved by Denver voters, particularly improvements to the city’s outstanding cultural facilities.

Most municipal bonds are available in denominations of $5,000 or more, and are typically purchased by large institutions such as banks and bond funds. Denver Mini-Bonds are affordable general obligation municipal bonds, available for $500, and can only be purchased by individuals who are Colorado residents.

Denver Mini-Bonds may be purchased by individual investors who are Colorado residents. Custodians, under the Colorado Uniform Transfers to Minors Act (UTMA), may purchase Denver Mini-Bonds for minors residing in the State of Colorado.

Proceeds from the 2014 Denver Mini-Bonds will be applied to complete the final phases of Better Denver projects, particularly improvements to the city’s outstanding cultural facilities. Since voters approved the bond issue in 2007, the City has invested more than $538 million in restoring, refurbishing, and replacing city infrastructure.

The 2014 Denver Mini-Bonds are structured similar to U.S. Savings Bonds. Each Denver Mini-Bond is purchased for $500, and through the compounding of interest over the life of the bond, it matures to the full face value.

There are two options for the 2014 Denver Mini-Bonds:

1. Pay $500 for a Denver Mini-Bond that grows to $750 at maturity in 2023 (9 years).4.38% Tax-Free Yield*

2. Pay $500 for a Denver Mini-Bond that grows to $1,000 at maturity in 2028 (14 years).4.89% Tax-Free Yield*

*For most initial purchasers, interest on the bonds (the difference between the initial purchase price of $500 and the $750 or $1,000 payable at maturity) is totally free of federal and Colorado income taxes. See the Official Statementsection titled “TAX MATTERS” for a detailed explanation.

The Denver Mini-Bonds will be available for purchase ONLY August 4 – 8, 2014. These bonds are limited in quantity, and may sell out prior to the close of the order period. Ordering early is recommended.

Once you enter your purchase information on the online order screen, click the “Submit” button and you will be taken to a secure site where you will enter your bank account information for a one-time electronic debit to your account.

Interest is accrued semi-annually beginning December 15, 2014 and on every June 15 and December 15 until maturity, based on a 360 day year with twelve 30 day months. The difference between the purchase price and maturity value represents the accrued interest and is only paid at maturity.

Yes. A toll-free telephone number will be provided with your Mini-Bond certificate so you can contact the bond registrar and request a transfer packet. See the “Transfer and Exchange” section on page 5 of the Official Statement.

Initial registration must be in one of the three options provided: Individual Name, Joint Tenants (with right of survivorship) or as Custodian for a Minor. Once you receive your Mini-Bond certificate you can have it transferred into any other name or into a trust. See the “Transfer and Exchange” section on page 5 of the Official Statement.

No. Brokerages only hold securities that are book-entry, have an identifying number known as a CUSIP number, and which are able to be traded or have a secondary market. These are physical bond certificates which have none of these characteristics.

Interest Rate Returns

4.38% Tax-Free Yield*

$500 bonds grow to $750 at maturity in 2023. Only $6 million available.

4.89% Tax-Free Yield*

$500 bonds grow to $1,000 at maturity in 2028. Only $6 million available.

* Limit 40 bonds ($20,000 purchase price) per registered owner.

Find out More

About the Program

For the fifth time in its history, the City and County of Denver is offering tax-free Denver Mini-Bonds. Available only to Colorado residents, these unique investment offerings are the fulfillment of a Better Denver bond election approved by Denver voters in 2007.

Proceeds from these bonds will be used to complete the final phases of Better Denver projects, particularly improvements to the city’s outstanding cultural facilities.

Questions about the Denver Mini-Bond Program? Contact Us at (720) 865-7154.